
In many ways, the lithium-ion battery is the combustion-engine equivalent for EVs. It defines how EVs are built, sold and driven. But unlike gas engines, which take years and billions of dollars to develop for each new vehicle, a well-designed battery platform can do a lot more with a lot less. If executed smartly and scaled aggressively, a single EV architecture can power an entire lineup, slashing costs, speeding development and potentially reaping big dividends in the long term.